Escalating art values and rapidly evolving legal theories have expanded the complexities of art title risks and the exposures to fiduciaries. The application of traditional financing and investment strategies to art as an asset class has added new exposures. Today’s art market continues to lack transparency and requires more rigorous transaction standards than ever before.

SUPPORTING ASSET ENHANCEMENT SOLUTIONS FOR THE ART INDUSTRY

ARIS launched in late 2013 a long-term initiative to establish, through third-party organizations, internationally recognized standards that will govern and thus support emerging technologies designed to mark or identify art and important collectibles. ARIS undertook this initiative because of the central role of title insurance in securing asset integrity, the relationship of legal title and authenticity, and inquiries ARIS has received from technology firms proposing different marking technologies to address art authenticity issues. The goal of this initiative is to assist art industry stakeholders in delivering market-cohesive standards for object-identification solutions.

ARIS is the sole underwriter of ATPI® art title insurance, which is offered in part through authorized independent agents of ARIS. The ARIS name, logo and ATPI® are U.S. and international trademarks of ARIS.

In its market leadership role, ARIS is pleased to support and to head the international Art & Law Work Group of: